Taiwanese electronics manufacturer Foxconn (Hon Hai Precision Industry Co.) posted record consolidated revenue exceeding NT$900 billion ($29.3 billion) in July 2026, marking a 54% year-over-year increase attributed to surging demand for artificial intelligence products.
Meta Platforms plans to start manufacturing its own artificial intelligence chip from September as part of a strategy to boost overall computing power to 14 gigawatts next year, according to an internal memo reviewed by Reuters.
Nvidia's next-generation Kyber NVL144 rack-scale system, designed to house Rubin Ultra chips, has been delayed by over 12 months to 2028 due to circuit board manufacturing problems, according to analyst firm SemiAnalysis. The delay sent Asian technology supplier stocks tumbling, with some losing double-digit percentages in market value.
